Hi.
Where is the best place to stake Sol and what are the APR’s? I’ve been adding to my bag for the last few months and won’t be selling anytime soon so looking for a place to get safe yield.
I think the +ev spot to stake is whichever protocol has the best chance of a future airdrop, because that will be a much bigger factor than any marginal percentage increases.
Probably jito in that case.
B
Phantom 6.6-7.4% apy. Solflare 7.94% apy ATOR.
Drift
You can stake in Solflare wallet. I use their validator, but you can choose any you want. And they implemented instant unstake with the latest browser extension (not yet on mobile), so if something cames up, you can instant unstake… No need to wait two days ✌️
with stake2earn validator
Jito for sure
Jito foundation profit rate not very attractive. I dont understand the MEV concept here
You can use Solflare
You should stake your SOL between different platforms to reduce risks.
I recommend using a ledger and connecting the ledger to phantom wallet. This allows you to interact with dex, stake, and sign transactions using phantom but it gives an added layer of security because your coins are technically stored in a hardware wallet.
Your coin is not stored in the hardware wallet bro. It is on the blockchain.
imagine staking a shitcoin in 2023 after everything you’ve seen lol
There are two types of staking on Solana:
- native staking - to validator directly.
The most secure.
You didn’t take any extra contract/protocol risks.
At the same time you have no immediate liquidity of your stake. For using SOL you have to unstake it - wait the end of epoch (up to 3 days) and only after you can use your Sol.
you have to choose trusted validator, because if validator stops your stake doesn’t earn profit- liquid staking - in the liquid staking pool (like Marinade or Jito etc
you’ll get staking derivative token. This token you can use in DeFi and swap any time
but you’ll take risk of protocol. Also protocol charge a small fee.
at the same time protocol restake stake to the best validators